Data mining Prescriptive Analytics Risk Risk Management 
FineReport
MARCH 24, 2024
Data analysts leverage four key types of analytics in their work: Prescriptive analytics: Advising on optimal actions in specific scenarios. Diagnostic analytics: Uncovering the reasons behind specific occurrences through pattern analysis. JPMorgan Chase & Co.:
BizAcuity
MARCH 31, 2022
85% of AI (marketing) projects fail due to risk, confusion, and lack of upskilling among marketing teams.(Source: AI Adoption and Data Strategy. AI is used for investments, automating accounting, fraud detection, claims prediction, credit scoring and risk profiling among others. Source: Gartner Research). Source: PwC).
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